Connect with us


BIG STORY

Nigeria Customs Seek Return Of Import Tax On Petroleum Products

Published

on

The Nigeria Customs Service is seeking the reintroduction of import tax on petroleum products.

The Comptroller-General of Customs, Col Hameed Ali, said this at the 2020 budget defense before the House of Representatives Committee on Customs.

The Federal Government in 2004 suspended the tax on imported petroleum products.

Before the suspension, a tax of N1.50 per liter of any petroleum product was paid by importers of fuel.

Speaking on the development, Ali said it had become imperative to reintroduce the tax regime in line with global best practices.

He noted that currently, the same type of tax was being implemented in about 36 countries at an average of $2.24 per gallon.

He said, “The petroleum tax regime of 2004 before its suspension imposed N1.50 per liter. It is the considered opinion of the Service that this regime is reintroduced in line with international best practices as it’s currently operational in over 36 countries at an average of $2.24 per gallon.”

The Customs boss also stated that he had forwarded a proposal for a downward review of vehicle tariff to the Finance Ministry for consideration.

He said the service was proposing that Customs duty on imported vehicles should remain 35 percent while the levy is reduced from the current 35 percent to between five and 10 percent.

According to him, the proposal, if approved, will encourage compliance and boost revenue as the 70 percent import duty and the levy is encouraging smuggling of vehicles

On the issue of a porous border, Ali said Nigeria has about 4,070km of land, adding that in the dry season, the entire part of the North is usually accessible by road.

He said the service was currently working with the Nigerian Air Force on the deployment of geospatial technology so as to check the trend.

He added, “That is why you see motorcycles ferrying rice every now and then as shown in some videos. That is why we want to leverage technology to deal with it. Mr President has already approved e-Customs.

“We’re working with the air force on geospatial technology that will be deployed. Our officers are being trained by the air force. They will work to make the borders secure. Part of the ongoing drill is to develop an action plan and we’re making progress.”

BIG STORY

“JAPA”: Canada Increases Minimum Proof Of Funds To N17m For Immigrants

Published

on

Foreign nationals aiming to migrate to Canada through the Express Entry system will now need to meet a higher minimum financial requirement, following a recent update from Immigration, Refugees and Citizenship Canada (IRCC).

Based on the new guidelines effective from July 7, 2025, a single applicant is now required to show access to at least CAD $15,263 (about N17 million), an increase from the previous CAD $14,690. For a family of two, the new minimum required amount rises to CAD $19,001 (N21.2m).

This update in the financial threshold is part of IRCC’s annual review of settlement fund requirements, calculated at 50% of the low-income cut-off figures determined by Statistics Canada.

These funds are meant to prove that applicants can financially support themselves and their families after arriving in Canada.

Applicants must provide official letters from their financial institutions, printed on the bank’s letterhead. For those applying with a spouse, funds in joint accounts may be combined.

To stay eligible in the Express Entry pool, candidates must update their proof of funds in their profile no later than July 28, 2025. This update will not affect the original submission date and time of the profile, meaning it will not impact tie-breaker situations.

Proof of funds remains a mandatory requirement under both the Federal Skilled Worker Program and the Federal Skilled Trades Program. However, it is not required for applicants under the Canadian Experience Class or for those already authorized to work in Canada with a valid job offer, even under other Express Entry categories.

Submitting an Express Entry profile is only the initial step and does not guarantee permanent residency. IRCC continues to invite the highest-ranking candidates from the pool approximately every two weeks, using the Comprehensive Ranking System (CRS) to assess and rank applications.

Continue Reading

BIG STORY

UK Introduces eVisas For Nigerian Study, Work Visa Applicants

Published

on

The British High Commission in Abuja announced on Wednesday a new change in the United Kingdom’s immigration process for Nigerians applying for study and work visas.

Effective from 15 July 2025, most applicants in these categories will start receiving digital eVisas instead of the traditional visa stickers in their passports, according to a statement from the BHC.

The new policy applies only to applications submitted on or after 15 July 2025. Those who apply before that date will still follow the current process, which involves submitting a passport at a Visa Application Centre and receiving a vignette.

The statement reads, “From 15 July 2025, most individuals applying to enter the UK on study or work-related visas will no longer receive a physical visa sticker (vignette) in their passport. Instead, successful applicants will be issued an eVisa, a secure, online record of their immigration status. This change marks a major step in the UK Government’s transition to a modern, digital immigration system. This change applies only to study or work visa applications submitted on or after 15 July 2025. Applicants who apply before 15 July will continue with the current process, including leaving their passport at the Visa Application Centre and receiving a vignette. Visit visa applications will continue to receive the visa vignette sticker for the time being.”

Applicants are still required to visit a Visa Application Centre to provide biometric data.

Once approved, applicants will receive an email from UK Visas and Immigration with the decision and instructions for creating a UKVI account to access their eVisa.

The statement continues, “Despite the removal of the vignette for study or work visas, all applicants must still attend a Visa Application Centre to provide their biometric information as part of the visa processing procedure. Once a decision is made on their visa application, applicants will receive an email from UK Visas and Immigration with the outcome and instructions to create a UKVI account, to access their eVisa.”

Chargé d’Affaires at the British High Commission in Abuja, Gill Obe, stated, “We’re making it easier and faster for Nigerians to travel to the UK. From 15 July 2025, most people applying for study or work visas will get a digital eVisa instead of a visa sticker in their passport. This is a further big step to a fully digital UK immigration system, making the process more secure, more efficient, and more convenient for students, professionals, and families.”

She explained that not all applicants would be affected immediately.

“However, if you’re applying as a dependant, like a spouse or child, of someone who is studying or working in the UK or if you are applying for a visitor visa, you’ll still receive a visa vignette sticker in your passport for the time being,” she said.

The High Commission clarified that eVisas have already replaced Biometric Residence Permits for individuals granted leave for more than six months. Those with a UKVI account can use the “View and Prove” service to share their immigration status with third parties, such as employers or landlords in England.

To obtain an eVisa, applicants must apply online via the official UK government website (gov.uk), attend a Visa Application Centre to provide biometrics, take their passport home the same day if no vignette is required, and follow instructions in the decision letter, including creating and linking a UKVI account if needed.

Continue Reading

BIG STORY

BREAKING: Ganduje Appointed FAAN Board Chairman

Published

on

Former Kano State Governor Abdullahi Umar Ganduje has been appointed “Chairman of the Board of the Federal Airports Authority of Nigeria (FAAN),” shortly after resigning as “National Chairman of the All Progressives Congress (APC).”

The announcement was made on Tuesday at the official inauguration of newly appointed FAAN board members in Abuja.

Ganduje resigned from his role as APC national chairman last week, citing “urgent personal reasons.” He has been succeeded by Ali Bukar Dalori.

 

More to come:

Continue Reading



 

Join Us On Facebook

Most Popular